Justice department pushes prosecutors to charge protesters in portland with a rarely used law. Hello a visit to taiwan by a high ranking u. S. Official has led to fighter jets being scrambled and seen china launch Major Military drills Taiwans Defense Ministry says it have to send up jets to track approaching Chinese Air Force planes they crossed the sensitive midline of the Taiwan Straits which lies between china and the islands chinas minister of defense justified fridays new drills saying theyre necessary to protect what it calls National Sovereignty and territorial integrity it accuses the u. S. And taiwans really party of colluding to stir up trouble. Recently the United States and the Democratic Progressive Party authorities have stepped up their collusion and frequent. To stir up trouble whether its using taiwan to contain china or rely on foreign powers to threaten others it is Wishful Thinking and is destined to be dead and who plays with fire will get burnt the Chinese People
Amazon billion offer to goes from rivals to partners as jeff bezos is willing to take a 40 stake in his indian retail revolution. At thelets take a look set up for the session of trading in asia. We saw that resumption of the loss in the u. S. How are we setting up in this part of the world . Sophie a pickup in volatility once again. In asia, futures are mixed, but we are seeing s p eminis. Chicago adding. 3 . The yen is stuck in the range with brexit risk also a consideration. We are watching tiktok reaction to trumps extension of that tiktok watching reaction to trumps extension of that tiktok sale. Jupiter Asset Management is cutting its exposure to debt of Chinese State linked borrowers so that is something to consider as well. Ahead of the u. S. Election, you are seeing one vol bets can yuan vol bets. Keeping an eye on korean bonds with potentially 6. 3 billion of supply coming through. The government may submit its proposal to parliament this friday. The global rush of Corporate
And trying to keep the lessons going to meet the pandemic the lengths theyre going to remote areas of indians. And foreign belgians Thomas Peters is new to the lead on day 2 at the u. S. Open hes overtaken Justin Thomas who had a course record in his helping round on their estate. So then taiwan has scrambled 18 fighter jets to track nearby Chinese Military planes in an escalation of tension over the visit of a u. S. Official china says the drills were necessary accusing the United States and taiwan of colluding to stir up trouble from abroad explains. Taiwan scrambling gets jets after 18 Chinese Military aircraft entered its Defense Identification Zone before turning back. As its done previously in the Taiwan Strait this military exercise by china was its way of showing displeasure at increased diplomatic exchanges between the u. S. And taiwan it comes as u. S. Undersecretary keith crock the most Senior State Department official in decades continues his visit to the island that follow
Japans ruling party gets set to pick a new leader. The next Prime Ministers have a tough task of leading the nation after the pandemic. Shery lets get you started with a quick check of how markets are trading. U. S. Futures up. 4 . This of course after tapping the worst week since march. We continue to see the selloff and idiosyncratic news. Softbank changing options Investment Strategy leading to selling picking up any friday session. Not to mention the tech stock reversed gains after china said it opposes a fourth sale of tiktok. We have the nasdaq composite really under pressure in the u. S. Session on friday, down. 6 . Take a look at what oil is doing because we are coming off of its back its worst back to back weeks since april. Nothing on oil prices, tomention concern about opecs production compliance. Wti at the moment at around 37 a barrel, gaining about. 5 . Lets get a quick check of our asia of how asia is setting up. Sophie we are nearing the halfway mark for september and t
European commission did today what it was expected to do they launch infringement proceedings against london and it was a clear signal saying that they are not willing to play. Londons game that they are ready to negotiate but at the same time that they are not ready to to adopt what the game or to to do what london is demanding and of course the European Union understands the boards jonsons by raising the stakes hes trying to put to increase the pressure on the European Union to agree to his conditions but i think also that start to say that the European Union that britain needs to deal more than the p. N. Union does and that its why brussels wants to continue the negotiations from a position of strength a bigger to seems like a very dicey approach that the u. K. Has taken to mean this is such a decisive phase in the Divorce Proceedings the british leadership prepared to walk away with no deal. Well certainly theyre trying. To explain that trying for it to look that way however we als